Report
Patrick Artus

The coming major changes in OECD countries

It is possible (likely?) that in the near future, there will be a number of major changes in OECD countries’ economies compared with the current situation: A sharp reduction in consumption of fossil energies, due to far more active climate policies; The end of the skewing of income sharing at the expense of employees, as political parties that conduct more employee-friendly labour market policies will come to power; As a result, an end to the situation of very low interest rates; Regionalisation of production, due to the shift from global to regional value chains. Some of these developments are positive for growth (faster rise in wages, increased investments in renewable energies), while others are negative (need to destroy capital linked to fossil energies, rising interest rates, lower productive efficiency).
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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